Disclaimer
Definition of "Disclaimer"
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.
Popular Real Estate Terms
Statement filed with a governmental authority declaring property a homestead for the purposes of securing a homestead exemption. The declaration of homestead has no effect on the property ...
The definition of the term “demise” covers more spectrums than just real estate related. Most commonly the term demise is used to talk about someone’s death. It is also ...
Party that receives part or all of a construction job to do from the general contractor. ...
Adding a period of time onto another. An examples a mortgagor who successfully restructures his loan by tacking another five years onto the term. ...
Removing a debt by making full payment. A mortgage discharge is a document formally specifying that a mortgage debt have been paid. It is typically recorded in a local property deeds ...
Increase in the amount of money available for businesses and people to by real estate because of lower interest rates. Easy money stimulates spending on investment such as houses. See also ...
Agreement by a lender to lend money to a borrower. A loan commitment typically includes the amount of money to be lent, the interest rate, and the period of the loan. ...
A knowledgeable person authorized to aid in the underwriting of property and casualty insurance. ...
Blockbusting is a despicable and illegal racist business practice. Here’s how Blockbusting happens: a real estate agent, or someone posing as one, comes to a homeowner and instills ...
Comments for Disclaimer
I signed a disclaimer without knowing what it was at the time. Now I am getting a divorce and he is selling. Will i still get half the property value?
Apr 18, 2022 15:49:37Hey Pamela! Thank you for reaching out to us! When it comes to disclaimers, it depends solely on what is specified in the disclaimer and what isn't. For this situation seeing as we have very limited information related to your situation, we advise you to either contact a real estate attorney or a divorce attorney in order to figure out the best corse of action.
Apr 19, 2022 11:51:36Have a question or comment?
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